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UBLIN, Ohio, June 13, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE), a leading AI-powered real estate technology company, has expanded its platform into Texas with the launch of real estate brokerage services through its REALTOR affiliate. This milestone marks the first step in bringing reAlpha's end-to-end homebuying experience to states outside of Florida.
Texas is one of the most active real estate markets in the country, with over 323,000 home sales recorded in 2024 and a median sale price of $347,000. With this expansion, reAlpha aims to reach millions of prospective homebuyers through its tech-enabled platform, delivering real savings at closing.
"This is an exciting next step in reAlpha's national expansion," said Mike Logozzo, Chief Executive Officer of reAlpha. "Texas is a high-volume, high-potential market that aligns perfectly with our integrated business model."
reAlpha already has an established presence in Texas through its strategic acquisition of Be My Neighbor, a licensed mortgage subsidiary operating across 30 states. With the addition of real estate brokerage capabilities, reAlpha is now delivering a more integrated experience on its end-to-end platform from search to preapproval to close.
The Company plans to launch in additional states in the coming months as it scales its platform and continues executing its mission to modernize real estate through AI, data, and integrated experiences.
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. The Company is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services.
Forward-Looking Statements
This press release includes "forward-looking statements." Any statements other than statements of historical fact contained herein are forward-looking statements. Factors that may cause actual results to differ materially from current expectations include reAlpha's ability to pay contractual obligations, its liquidity, operating performance, cash flow, and ability to secure adequate financing, among others.
Media Contact: Cristol Rippe, Chief Marketing Officer
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Investor Relations Contact: Adele Carey, VP of Investor Relations
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